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Wednesday
18

Morning Comments 10/18/17

 

Again with the Weak basis Condition, the Strengthening basis and cash in an up trend for Strategy 2, look to Buy Puts or Bull Spread. Feeder Cattle have a Strong basis Condition, the Strengthening basis and cash in an up trend for Strategy 2. Feed Lots look at the Liabilities side of the Feeder market (Buy Futures, Bull Spread, Buy Calls) to help manage purchase costs of Feeder Cattle.


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